Originally Posted by
az city
"The British economy expanded 0.6% qoq in Q2 2024, following a 0.7% rise in Q1 and in line with forecasts, preliminary estimates showed. On the production side, services grew 0.8%, with the largest contribution coming from scientific research and development (11%, the most since 2020). On the other hand, production edged 0.1% lower, led by manufacture of transport equipment (-1.8%) and textiles, wearing apparel and leather products (-6.6%). Construction also fell 0.1%. In expenditure terms, gross fixed capital formation increased 0.4%, namely in transport and intellectual property products while business investment declined 0.1%. Government consumption soared 1.4%, led by higher activity in public administration and defence, and education, which offset a fall in health. Also, household spending edged up 0.2%, mostly consumption in transport, housing, and recreation and culture. On the other hand, net trade fell mainly due to a decline in goods exports." Office for National Statistics.
"Robust", you say. Bollocks, say I. You don't know anything about Economics so stop pretending you do.
BTW care to quote US growth rate over the same period? I bet you won't.
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